Commercial Real Estate Loans

Commercial

CEDF provides owner occupied commercial real estate loans up to $500,000.

Is this resource a good fit for you?

If you are looking for a loan for commercial real estate space for your business in Connecticut, this program may interest you.

Description

CEDF provides owner occupied commercial real estate loans up to $500,000. Real estate loans can be combined with other CEDF small business loans up to $750,000. Real estate loans are secured by a mortgage on real property to finance the purchase, development or improvement of real estate for owner-occupied property, including mixed use.

Services

CEDF will consider making mortgage loans that are secured by the following types of owner occupied properties:

  • Commercial / industrial
  • Office buildings / office condos
  • Retail properties
  • Mixed-use facilities (retail / office / residential)

Criteria

  • The owner of the business applying must have been in business for 3 years or longer
  • The owner must have a business located or to be located in the building occupying 51% or more (i.e. no pure investment real estate)
  • Fixed interest rates with a maximum 25 year amortization
  • Personal guaranty from all principals involved

Contact Info

Contact: Nadine Cabrera

Street: 965 East Main Street

City: Meriden

State: CT

Zip: 06450

Phone: 203-235-2333

Email: info@cedf.com

Website: CEDF

Categories

Business Expertise Capital Space